Schneider Electric announces multi-million dollar investment in machine learning tools and data science – Press Release

Schneider Electric announced the impact of a new multi-million dollar investment in machine learning tools and data science. This investment brings AI-assisted advising to its energy and sustainability services offer, giving its clients access to next-generation digital tools. This improves the insights and analysis of a company’s energy and sustainability portfolio, driving more efficient value and bottom-line impact in pursuit of climate change resilience and other resource-reduction related targets.

The investment optimizes corporate resource consumption and reduction data during the dramatic worldwide energy and climate transition. Most companies today still face data challenges that limit their sustainability approach. Companies struggle with inconsistent, incomplete, overabundant, and poor-quality resource consumption and cost data. The introduction of AI allows companies to get more value out of the data they produce and provides more accurate and efficient analysis as the foundation of an energy and sustainability strategy.

Continuing to add machine learning and data

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PRECIOUS-Gold jumps as dollar retreats post U.S. jobs data, ECB decision

* ECB keeps policy unchanged

* Dollar slips from 4-week high

* Spot gold may rise more to $1,965/oz – technicals

* Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Adds comments, updates prices)

Sept 10 (Reuters) – Gold rose to its highest level on over week on Thursday, as the dollar retreated on weaker-than-expected U.S. jobless claims data and as the European Central Bank (ECB) kept its policy unchanged.

Spot gold rose 0.8% to $1,961.66 per ounce by 1347 GMT, after hitting its highest since Sept. 2 at $1,963.33.

U.S. gold futures were up 0.66 % at $1,967.70.

The dollar index slipped from four-week highs, making gold less expensive for holders of other currencies, post data showing U.S. jobless claims remaining elevated and the ECB decision.

“The weaker dollar in the very short term and other uncertainties in the long term is keeping the

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Gold is flat as positive U.S. jobs data boosts dollar

An employee arranges gold bars for a photograph at the YLG Bullion International headquarters in Bangkok, Thailand.

Dario Pignatelli | Bloomberg | Getty Images

Gold was flat on Friday, reversing course as better-than-expected U.S. employment data bolstered the dollar, putting bullion on course for a weekly decline of more than 2%.

Spot gold erased early and traded flat at $1,930.11 per ounce. U.S. gold futures settled $3.50 lower at $1,934.30.

“Gold’s correlation with the dollar has been elevated, especially over the past couple of weeks and bullion is being weighed down by the bounce in the greenback following the solid report, especially the unemployment rate,” said Tai Wong, head of base and precious metals derivatives trading at BMO.

The dollar index was up 0.5%, putting it on track for its best week since early April and making the metal expensive for holders of other currencies. Data showed nonfarm payrolls increased

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Dollar hunkers down before key U.S. jobs report

By Stanley White



a close up of a book: A U.S. Dollar banknote


© Reuters/Dado Ruvic
A U.S. Dollar banknote

TOKYO (Reuters) – The dollar steadied against major currencies on Friday as traders awaited key U.S. jobs data that may cast doubt on the strength of economic recovery from the coronavirus outbreak.

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The Australian dollar clawed back early losses and stabilised after the country’s retail sales accelerated in July, easing concern about the economy.

The greenback has managed to halt its recent slide, but analysts warn sentiment remains weak due to concern about the strength of U.S. economic growth and speculation that the Federal Reserve will keep rates low for a very long time.

“The dollar has rebounded against the euro and could continue to rise a little further,” said Junichi Ishikawa, senior foreign exchange strategist at IG Securities in Tokyo.

“However, my main scenario is for the dollar to fall, for stocks to rise and for yields

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CANADA FX DEBT-Canadian dollar firms as jobs gain supports ‘recovery story’

* Canadian dollar rises 0.2% against the greenback * Canada added 245,800 jobs in August * Price of U.S. oil decreases 0.5% * Canadian bond yields rise across a steeper curve TORONTO, Sept 4 (Reuters) – The Canadian dollar edged higher against its broadly stronger U.S. counterpart on Friday as domestic jobs data added to evidence of economic recovery, with the currency clawing back some of its prior day’s sharp decline. The loonie was trading 0.2% higher at 1.3104 to the greenback, or 76.31 U.S. cents. The currency, which on Tuesday notched a near eight-month high at 1.2990, traded in a range of 1.3077 to 1.3140. For the week, the loonie was on track to dip 0.1% after posting on Thursday its biggest decline in over two months. Canada added 245,800 jobs in August, most of them full-time, and the unemployment rate fell to 10.2% as the economy continued to

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Dollar Dips as Market Recovers From Weak U.S. Jobs Data

LONDON — As risk assets recovered on Friday afternoon, the safe-haven U.S. dollar dipped, retracing gains made on safe-haven demand following a Labor Department report that job growth slowed further in August, threatening the economy’s recovery from the COVID-19 pandemic.

Employment slowed and permanent job losses increased as programs to help businesses pay wages have lapsed or are on the verge of ending. Economists credited government largesse for the sharp rebound in economic activity after it nearly ground to a halt following the shuttering of businesses in mid-March.

The dollar index <=USD> rallied to its highest in a week following the report. But those gains were erased on Friday afternoon as U.S. stock indexes recovered after earlier hitting their lowest level in a month. [.N]

The dollar index was lower on the day, last trading down 0.10% at 92.752, though it remains 1.1% higher than the April 2018 low of

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